OECD Issues Model Disclosure Rules for CRS Avoidance Arrangements
The OECD has announced its issuance of the Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures that require lawyers, accountants, financial advisors, banks and other service providers to inform tax authorities of any schemes they put in place for their clients to avoid reporting under the OECD/G20 Common Reporting Standard (CRS) or prevent the identi…
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